Philly Fed Manufacturing Index

/Philly Fed Manufacturing Index

may, 2019

16may12:30 pm12:30 pmPhilly Fed Manufacturing IndexTRADERS CAN HOLD ALL POSITIONS THROUGH THIS RELEASE12:30 pm - 12:30 pm UTC Event Type :Low Impact Time has ran out! Better luck next time!

Event Details

What is this event?

It’s a leading indicator of economic health – businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment.

Measures

Level of a diffusion index based on surveyed manufacturers in Philadelphia.

Effect on Currency

‘Actual’ greater than ‘Forecast’ is good for the currency.

Frequency of event

Released monthly, around the middle of the current month.

Source of Data

Federal Reserve Bank of Philadelphia (latest release)

Time

(Thursday) 12:30 pm - 12:30 pm

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